Why GameStop Wants to Buy eBay | The Battle for eBay Pt 1

Business Onion · 2:59

In 1999, Amazon built an auction site to crush eBay — and lost. So how did the company that beat Amazon end up, in 2026, being hunted by GameStop for $56 billion? Part 1: eBay's rise on trust, the PayPal spinoff that handed away its best asset, the decade it stopped growing, and the quiet collectibles comeback that made it a target. ▶ Part 2 drops next: how a dying GameStop got the money to make the bid. Follow for the full series. 🧅 Business Onion peels back the strategy behind the story.